Money and Growth by Perry G Mehrling (9780415191555)

Description - Money and Growth by Perry G Mehrling

Allyn Young is one of the central figures in the development of American economic thought, and is one of the originators of modern endogenous growth theory. However it has been difficult to appreciate the full extent of Young's work because many of his most significant contributions are buried in obscure journals and unsigned articles. This volume addresses this by reprinting much of Young's lost work, as well as other, selected pieces that reveal the scope of his vision which encompasses two of the grand themes of economics, growth and money. The biggest finds are 36 encyclopedia articles, originally published anonymously more than 75 years ago. They are important because they shed light on the unity of Young's thought which is based on the single abstract idea that trade is the source of wealth. The volume includes sections on: the socialist movement the first world war and its aftermath money theories of growth The volume concludes with some writings that are pointers to the nature of the two traetises Young was planning his untimely death in 1929. A comprehensive bibliography is also provided.

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